, which is a revolving fund managed by the PPP Center, can now support more projects especially those coming from local government units, state universities and colleges, local government corporations, water districts, and economic zones, among others," Lerma said.
At present, the agency is in talks with donors to obtain grants used for the regional PDMF
to support local government projects.
"The PPP Center is currently in the process of creating a regional PDMF
to help strengthen the capacities of local implementing agencies in identifying and analyzing climate change issues like mitigation and adaptation in their PPP project portfolio," said Lerma Advincula, PPP Center director for Project Development and Monitoring Facility Service.
'Managed by the PPP Center, the PDMF
also provides probity advisory services to ensure fairness, accountability and transparency in the procurement process for PPP projects,' the DOF added.
Through the revolving Project Development and Monitoring Facility (PDMF
), it can fund the conduct of feasibility studies and building of business cases.
The PPP Center is also looking at 39 projects with project development and monitoring facility (PDMF
) support by 2016.
The center's Project Development and Monitoring Facility (PDMF
) is set to support implementing agencies in developing projects that promote the resilience of urban communities and address climate change mitigation and adaptation requirements.